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Bombay HC directs civic bodies to link their websites with RERA
Bombay High Court directed all municipal corporations, councils and urban local authorities to link their websites with Maharashtra Real Estate Regulatory Authority's (MahaRERA) portal within three months. "This integration would enable RERA to conduct real-time verification of commencement and occupation certificates, thereby preventing forgery and protecting consumers' interests in line with the RERA Act's objectives," said Chief Justice Devendra Kumar Upadhyaya and Justice Amit Borkar. They directed that "until full integration is achieved", authorities must ensure that CCs and OCs are uplo..
Raheja Developers moves NCLAT against insolvency proceedings
Raheja Developers moved before the appellate tribunal NCLAT to challenge the initiation of insolvency proceedings against the realty firm over default on non-delivery of its Gurugram-based Shilas project. The Principal Bench of the National Company Law Tribunal (NCLT) admitted a plea filed by over 40 of its flat allottees of Sector 109, Gurugram-based projects and directed to initiate a Corporate Insolvency Resolution Process (CIRP). Moreover, the NCLT had also appointed an Interim Resolution Professional (IRP), suspending the board of the realty firm and putting it under the protection of mor..
India to be among top 10 global ship manufactures: Sonowal
India will be among the top 10 global manufacturers of ships by 2030, Union Ports, Shipping and Waterways Minister Sarbananda Sonowal said. Addressing 'Sagarmanthan - The Great Oceans Dialogue', Sonowal further said the global South will determine the shape of ocean trade in the 21st Century. "Given that India has the rich talent pool as well as resources to become a major shipbuilding nation, we are aiming to enter the top 10 of shipbuilding countries by 2030 while working our way to become the world's top 5 by 2047," he said. The minister also interacted with technical experts on creating a ..
